Audio By Carbonatix
A former Deputy Energy Minister K.T. Hammond says the National Democratic Congress’ indecision over reviewing fuel prices is an indication of the party’s past haunting it.
Mr Hammond’s comment follows the decision of the ruling party to stay an upward review of the prices of petroleum products in the country.
“What is happening to them right now is they seem to be reaping the political disadvantage of their opportunistic adoption of political decisions for situational advantage,” Mr Hammond told Joy News’ Dzifa Bampoe at on Midday News.
He said while the NDC launched a campaign to vehemently criticise the then New Patriotic Party government over all issues of petroleum, the ruling party today believes the populace will be disillusioned with it in the event of an upward review.
The NDC prior to the 2008 presidential run-off promised a substantial slash in fuel prices to bring relief to Ghanaians. Immediately following the promise and after the presidential elections entered a run-off, the National Petroleum Authority (NPA) announced 17% drop.
Mr K.T. Hammond, who is also the Member of Parliament for Adansi Asokwa, said while the NPP had only requested Ghanaians to pay realistic prices for fuel, “the NDC every twist and turn took us to the cleaners.”
But in a quick rebuttal, Energy Minister Dr Kwabena Donkor said Mr Hammond’s argument was rather surprising.
He said rather the NDC’s stance had been to reduce taxes on fuel prices to lesson the burden of consumers, a position he said culminated in the passage of a petroleum bill recently in Parliament to slash fuel taxes.
An official of the NPA has hinted that the last review of petroleum prices on June 1 demanded an upward adjustment, however government in keeping to its policies has decided not to increase prices.
Mr Donkor however hinted that any further increases will take into consideration the views of the private sector, easily referred to as the engine of growth for the economy.
“We are consulting,” he emphasised.
The NPA runs a fortnightly price review policy and has intimated an upward price adjustment is inevitable.
Story by Fiifi Koomson/Myjoyonline.com
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Hantavirus Outbreak: Ghana Health Service heightens surveillance
5 minutes -
Eastern Regional NSA PRO laments poor conditions of serviceÂ
13 minutes -
Newsfile to discuss Charles Amissah’s death, PDS, NAFCO arrests, and press freedom under Mahama
30 minutes -
GRASAG backs Rent Control over hostel price hikes, calls for urgent gov’t intervention
55 minutes -
Man Utd’s Bruno Fernandes wins Football Writers’ men’s award
1 hour -
Did the Bank of Ghana hide any losses?
1 hour -
Medicine Society calls for fair process, cautions against blaming health workers in Amissah death report
1 hour -
We remain committed to maintaining fiscal discipline to fast track BoG’s recovery – Seth Terkper
2 hours -
The Brotherhood: Panel exposes major red flags in male friendships
2 hours -
The Cost of Stabilising Ghana: Why the Bank of Ghana’s 2025 losses may be the price of macroeconomic recovery
2 hours -
Gold Fields, Ghana FA sign $5 million two-year sponsorship deal
2 hours -
From Blogging to Production: The growth of Alexander Fifi Abaka in Ghana’s media space
2 hours -
Abdul Rasheed Saminu, Azamati lead Ghana squad for African Athletics Championships
3 hours -
An encounter with Nana Addo brought me back to Ghana – Dr Osei Adutwum reveals
3 hours -
US jet fuel could be used in Europe to ease possible shortages
3 hours